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Business 1

Business

TermDefinition
Job Market Job openings that are available when ready to work
Skill sets unique ability a person brings to the job market
hard skills measurable physical and mental abilities that allow one to complete a job
soft skills nontechnical skills needed by most workers
value principle that reflects the worth you place on an action
economy all activities related to making goods in a specific country
economics study of how choices are made by individuals
market economy economy based on the laws of supply and demand
supply quantity of goods and services that producers are willing to provide
demand willingness and ability of customers to buy goods and service
business cycle alternating periods of growth consisting of recession trough recovery and growth.
financial aid money received from an outside source to help pay for education
loan money you borrow and must repay with interst
subsidized student loan loan on which you pay no interest until after you have graduated
unsubsidized student loan starts charging interest from the time the loan was made
grant money given to pay for educational expenses that does not have to be repaid
scholarship cash allowance awarded to a student to help pay for education
social network group of acquaintances who keep in contact and share information
job scout/agent computer program that searches the internet for jobs
job fair is an event where job seekers can meet face to face with employers
temp agency provides jobs on a temporary basis
job shadowing is spending time watching a worker in a job that interests you.
Created by: Marsinajar
Popular Marketing sets

 

 



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